/biz/ - Business & Finance

I got fucked today, biz... and not in a good way...

>>19032888
what penny stocks do you recommend?
I see pic related shilled sometimes.

>>19032912
Is need some new /mu/. Hook a brother up with a recommendation. Not sad sack Elliott smith though, preferably someone not dead.

Whatever you anons do, do not buy Nikola

>>19032922
Biopennies that you see in /biz/ are mostly pump n' dumps

once again, futures are... indecisive
i used to anticipate the big sell-off every night, but now I don't think there will be one. we'll just crab at a slight downhill incline for awhile. then in the fall with the second wave, we'll taper further down. it'll be a gentle decline rather than the big selloff

>>19032935
isn't this how every recessionary period works? there's a selloff, bull trap, then a slow contractionary period. i think the big selloffs will only happen in tech, which is clearly overvalued at this point.

>>19032935
the days of multi circuit breakers are gone. I missed them completely and now that I am prepared (((they))) are going to bore me to death.

Nvidia is going to pump on open

https://www.youtube.com/watch?v=oCPufeQmFJk

>>19032953
Why do you say tech is clearly overvalued?

>>19032935
Massive sell off in March was because there was a lot of big boys that were intending to sell anyway because corporate profits were lagging and made everything overbought. As soon as a selloff looked imminent none of them wanted to be last out of the door.
The only place where that exists right now is tech....I think.

>>19032960
>I am prepared (((they))) are going to bore me to death.
The market can definitely do that for extended periods of time. If you want to see some mind numbing snibby market action, look at the S&P chart from December 2014 to November 2016. However, when crab market settles in you get more divergence from the index in specific industries with plenty of good volatility to trade.

I simply only respect cunny and anons who are mostly cash, bros.

>>19032912
i too get fucked every day down $90k so far trying to dig myself out. i will probably end up digging so far, that it falls apart and just buries me and i fucking die
>>19032922
starbreeze, developers of payday game, that shit will 10x if they get their shit together straight, check https://steamcharts.com/app/218620

NKLA listed on NYSE this june.

I can already hear david bowie in my head

>>19033012
Apple is like 10 dollars short of its all time high, at pre corona levels when the world was rosy and the bull market was intact. You think this is reasonable?

I will (still) never, ever get reverse raped by loli succubi.

This is suicide fuel.

>>19033048
Yes.

>>19033016
Indeed, mega cap tech has some of the best balance sheets flush with cash. They’re going to gobble up all the competition that doesn’t make it through this and they’re going to become more and more integral in everyday life. The only major threat is government intervention like antitrust and privacy shit.

People are paying up for quality, they’re paying up for growth, and they’re paying up for businesses they know they want to own when this is through.

But the stock prices have gone up very quickly and reflect a great deal of that. However, with market mechanics the way they are, they could pull back 5% or they could stay bought up for years.

>>19033012

>>19033048
Poor people will find a way to buy the latest and greatest iphones. So long as their China supply chain does die (and it seems to be secure right now) they will be fine.
Also, PPT seems to be at work right now. We're going to open green unless there's a morning dump again.

OHHHHHH BOBOOOOOO

>>19033038
i will buy 1 share of this for the memes
NKLA TSLA

>>19033048
That is a good point yes.

Just for the sake of rebuttle the masses are turning to tech now more than ever in this current way of living and as the younger generations take over while the boomers age out it will only continue growing with us.

>>19033067
based, buy some AAPL tomorrow then

>>19033077
Checked. Zoom is a great example of crazily overvalued companies, yet it is not the worst culprit. They are the dozens of similarly bloated and overpriced organizations which have been pumped up by MMs and brain dead retail ETF investors.

>>19033091
It’s nothing, I told you in the previous thread. Or are you a false flag faux bobeaux?

Ever since I saw Beijing’s airport, I learned first hand how embarrassing and shameful China is. The CCP has such low intelligence that they can’t even handle air travel properly. China is a weak country controlled by an incompetent government. And what does that say about Chinese people? They must be even weaker and less intelligent than their CCP masters. China and the Chinese people are the equivalent of a poor, homeless, jobless, drug addicted bum. China and the Chinese people are so utterly worthless and poor that they can’t even feed themselves, and often starve to death. Chinese dogs have more value than Chinese people and the CCP combined. I am so happy that many Chinese people have died of this virus. I only hope that the CCP continues to slaughter more of their own citizens, because more Chinese death is a positive outcome for everyone.

>>19033048
Yes. They are loaded with cash and they are a safe place to store money for ten years that pays better than the yield on T-bills but also comes with a near guarantee of future growth. Or at least a damn good chance.

I’m a fucking idiot for not buying when the game became clear.

>>19033027
I WAS but I’m blowing it, every day I’ve been nibbling more and more!

>>19033057
I hate you, but I’m going to steal your image anyway

>>19033073
MSFT, AAPL, AMD/INTEL/NVIDIA, Cloud storage, AMZN, sure
But literally anything tech is getting this enormous tailwind for just being tech. The biggest offender, for example, being >>19033077

More long term. What is the point of owning a stock like AMZN when they are both too big to be purchased by anyone else but still have such garbage margins that they can never pay a dividend. What is the point in owning that?
The thing about tech is that they aren't really that profitable, despite their scaling. Facebook's major source of revenue (90+%) is still advertising. Netflix can only get subscription fees while they get challenged for bandwidth from ISPs and from content from Amazon, Disney, whoever.

>>19033122
>bobeaux

>>19033085
you really think AAPL sales wont be affected at all by a recession? what about the $1000 computer stands? or the various sorts of headphones? iPhone sales will always be strong, but AAPL isn't just a company that sells iPhones.
and for that matter, i think iPhone sales would dip a bit. people will be new ones less often. more people will be driven to cheaper competitors. brand loyalty only goes so far when you're unemployed

>>19033027
WTF!
That's my gf AND my cat AND my toothpaste. Bitch has been cam whoring in my apartment without telling me.

>>19033143
I’m betting against Apple. 20 month outlook appears bleak

>>19033012
a few like netflix and amazon might be okay, but apple is at ATH when 90% of their revenue comes from selling luxury goods. nobody is going to afford the new iphone when they've been out of work for months. tech literally had a V shaped recovery and now they're in a landscape with massively decreased demand and consumer confidence.

>>19033123
Elaborate on the airport?

>>19033133
Go for it, anon, he is a good boy.

>>19033097
Here you go

>>19033143
The biggest threat is the lack of offices buying up apple shit more than anything. The credit bubble has to pop before consumer iphones drop that hard, in which case everything will already have been fucked anyways.

>>19033137
Owning a share still has value as if you have enough shares you can get on the board and actually get shareholder money. Basically leveraging against people being on the board.

>>19032912
i dont understand the duck

>>19033139
I was kind of proud of it lel

every time i play silver i get fucked.

>>19033159
Stock market is about perception. Apple will never stop gaining because trendiest dint know shit

futures 1m chart looking based, back to -.70%

I think I spy a wave 3 extension of wave 3 extension of (possibly wave 3 extension). Mumu may be getting his face ripped off soon.

>>19033181
>Owning a share still has value as if you have enough shares you can get on the board and actually get shareholder money. Basically leveraging against people being on the board.
I don't know Amazon's specific bylaws but you start becoming someone you can't ignore if you are 20+% shareholder. You'd have to have 240 billion dollars just to get in there. And why would you bother to do that if you had that much money? You'd have to own your own amazon.

>>19033207
I am seeing that too. Another big rejection of 295

>>19033163
Not him but I flew through there once. What I remember was getting my mugshot taken at 5 or 6 different security checkpoints. Then they did not want to let me through the transfer gate because my name was not on my itinerary. "Itinerary" just being a txt I printed with flight numbers and times... I had to wait for the commie shift change so the next guards would let me past. Never again flying through China.

What I also remember was people spitting everywhere. Inside.

>>19033205
You could be right. But my money is on Apple heading down for at least the next 12 months.

>>19033207
That girl is clearly a terrorist.

who's got tim apples for dividend payout this friday

>>19033231
What year was that

>>19033207
I think I spy a wave 3 extension of wave 3 extension of a wave 3 extension of wave 3 extension of a wave 3 extension of wave 3 extension of a wave 3 extension of wave 3 extension of a wave 3 extension of wave 3 extension of a wave 3 extension of wave 3 extension of a wave 3 extension of wave 3 extension of a wave 3 extension of wave 3 extension of a wave 3 extension of wave 3 extension of a wave 3 extension of wave 3 extension of a wave 3 extension of wave 3 extension of a wave 3 extension of wave 3 extension of a wave 3 extension of wave 3 cunny of a wave 3 extension of wave 3 extension of a wave 3 extension of wave 3 extension of a wave 3 extension of wave 3 extension of a wave 3 extension of wave 3 extension of a wave 3 extension of wave 3 extension of a wave 3 extension of wave 3 extension of a wave 3 extension of wave 3 extension of a wave 3 bog of wave 3 extension of a wave 3 extension of wave 3 extension of a wave 3 extension of wave 3 extension will indicate movement in a certain direction.

>>19033077
Pure delusion. Especially since its Chinese spyware. This shit is going crash so hard and fast. Just one bad report could drop this thing 50% overnight.

>>19033243
Dividends are canceled

>>19033258
not tim apple :3

>>19033181
>The biggest threat is the lack of offices buying up apple shit more than anything
When people criticize shit like the $1000 stand, they don't realize what it's meant for: companies with no sense of frugality. If the office is paying for it, you might as well order the $1000 stands. Why buy cheap stands?

>>19033257
>Just one bad report could drop this thing 50% overnight.
Nasdaq tracking ETFs will have to keep purchasing it. I don't think there are any large active managers buying or selling it. As long as the Nasdaq rises, it will ride with it.

>>19033267
>denny's is publicly traded
Now that I did not know
>its been crabbing for almost 2 months
kek

>>19033207

>>19033278
>muh indexes!

>>19033207
cant you just fuck off you pedo

>>19033207

>>19033077
My father told me you bought Zoom today anons.
He's right a lot.
I was going to short it but I won't be able to look him in the eye if I was right or if I was wrong.

>>19033091
Why are my DHY still down 26% over 3 months then? It's a nothing burger.

>>19033318

I finally convinced my gf to cosplay Aqua from Konosuba when we fuck next. She is like 90lbs, I’m a fucking loser, there is hope anons.

>>19033369
>asian gf
ngmi

>>19033369
So what water stocks do you own?

>>19033318

>>19032901
Ok what news appeared that we dump down to -0.83% futures?

>>19033369
>90 lbs
Womanlet or Mrs. Skeltal?

Could someone explain to me why the stock price drops when someone sells? Doesn’t that mean somebody else bought it? So why does the price drop if the share was simple traded?

Apple would be the perfect company if they would just move their manufacturing from chinkland to mexico

>>19033369
What kind of Asian

Anyone holding TVIX?

>>19033369
>69
Dude what if you’ve got a petite girl and you’re not having her go as megumin then wtf...

>>19033427
Apple would be a perfect company if they stopped putting premiums for using Apple blackboxes.

>>19033434
TVIX is ded

>>19033427
What a shame he became a degenerate faggot

>>19033267
Ah shit.

If Cisco shits the bed that’s gonna take down Applied Materials too, isn’t it?

Can't fucking wait for this overbought tech bubble to pop.

>>19033434
Hi I am. I'm ready for payday. The next drop will be glorious.

>>19033455
"Retesting lows" right now would literally just be a selloff of tech.

I just need a 294.5 hit before crashing. Please PPT and Jerome, just save the market for 1 more day.

>>19033455
>tech bubble
>everyone from here on out will live on their computer
Pick one

>>19033455
What would make it pop? The meme virus propped it up even further.

>>19033480
>a company can't be overvalued because we use its tech

If apple was 1 million a share, would that be okay because people use apple?

>>19033480
You are retarded, dear god.

>>19033447
At least he kept his peepee
>>19033444
Checked, but I don’t know what this means

>>19033481
Unironically when we go back to normal and the market goes back to reality and fundamentals start to matter again.

>>19033455
>Can't fucking wait for this overbought tech bubble to pop - 2004
>Can't fucking wait for this overbought tech bubble to pop - 2005
>Can't fucking wait for this overbought tech bubble to pop - 2006
>Can't fucking wait for this overbought tech bubble to pop - 2007
>Can't fucking wait for this overbought tech bubble to pop - 2008
>Can't fucking wait for this overbought tech bubble to pop - 2009
>Can't fucking wait for this overbought tech bubble to pop - 2010
>Can't fucking wait for this overbought tech bubble to pop - 2011
>Can't fucking wait for this overbought tech bubble to pop - 2012
>Can't fucking wait for this overbought tech bubble to pop - 2013
>Can't fucking wait for this overbought tech bubble to pop - 2014
>Can't fucking wait for this overbought tech bubble to pop - 2015
>Can't fucking wait for this overbought tech bubble to pop - 2016
>Can't fucking wait for this overbought tech bubble to pop - 2017
>Can't fucking wait for this overbought tech bubble to pop - 2018
>Can't fucking wait for this overbought tech bubble to pop - 2019
>Can't fucking wait for this overbought tech bubble to pop - 2020
>Can't fucking wait for this overbought tech bubble to pop - 2021
>Can't fucking wait for this overbought tech bubble to pop - 2022
>Can't fucking wait for this overbought tech bubble to pop - 2023
>Can't fucking wait for this overbought tech bubble to pop - 2024
>Can't fucking wait for this overbought tech bubble to pop - 2025
>Can't fucking wait for this overbought tech bubble to pop - 2026
>Can't fucking wait for this overbought tech bubble to pop - 2027
>Can't fucking wait for this overbought tech bubble to pop - 2028
>Can't fucking wait for this overbought tech bubble to pop - 2029
>Can't fucking wait for this overbought tech bubble to pop - 2030
>Can't fucking wait for this overbought tech bubble to pop - 2031
>Can't fucking wait for this overbought tech bubble to pop - 2032

>>19033252
2010. Flying to Kazakhstan through Peking to meet a girl I met online.

>>19033544
>Missed out 2000 to make his retarded point.
>Forget about 2008
>Forget about 2010

>>19033300
checked
it is funny to think there are schizos on here who have been bogpilled and now genuinely believe the Bogdanoffs rule the world

>>19033503
the Nasdaq components have a far better composition than the dow and SP500. Thats why they outperformed in 2008 too. Its a superior index
>>19033504
t. newfag that never looked at nasdaq components

>>19033435
Aqua is best girl

>>19033557
forgot about march and 2018 too lol

>>19033569
BASED
>Dow
Boomer, old and busted
>SPY
ZoomZoom, old and busted
>Nasdaq
ULTRACHAD

>>19033137
Anon... zoom is now the way boomers are doing business, every money manager is going to have clients who want to know why the hell they aren’t investing in zoom because it’s clearly the way of the future.

Honestly, why the fuck is it so much more stable and pleasant to use than anything else? I’ve never had a Skype or FaceTime or anything work as well, and that’s for 2 people, and I’m comparing it with a zoom for a class of 20+

Is it a bad idea to manage other people's money? A close friend of mine and a relative gave me around 100k to play with(no options) and I get to keep 10-12% of the profits if there's any.

>>19033646
yes
what do you think happens if you lose money, they shrug and give you more?

>>19033644
>Skype or FaceTime
facetime works as well as Zoom in my experience.
skype is ass. what a fucking shithole

>>19033658
I mean what's the worst thing that could happen? bag hold for 5 years? I'm not buying penny stocks.

>>19033646
>Is it a bad idea to manage other people's money?
Yes
You could just put it into an index fund like SPY and just forget about it.

>>19033683
if your friend doesn't care then its probably fine, I'm gonna assume he's loaded to just give you money like that

>>19033713
idk it could be a situation like this posters
OP who posted this was planning on yolo'ing it

>>19033724
kek, hope he posts the results

>>19033424
You have an Apple, and you paid $2 for it. You like that Apple and would happily eat it. But someone comes along and offers you $3. Sounds like a good deal so you sell it.

But what if you didn’t like your Apple and we’re worried it would go bad before it could be eaten? You might really want to sell it before it’s worthless. If no one wants to buy it for $2 you might even take $1 for it.

Why in 2016 a lot of biotech stocks (ONTX) were at 400 usd and they suddenly fell to 0.50 cents? Why this drastic crash?

>>19033759
Because people realized biotech never produces anything and is snake oil 99.99% of the time.

>>19033724
Ooof. So many innocent sitting ducks. It’s going to be even worse for them when they find out their furlough has become indefinite and the business they worked for is closing that branch.

Many such cases. Economics really is quite dismal...

fellow eurofags, what brokers are you using for options / futures ? saxobank is getting on my nerves on their constant marging adjustments , plus they margin called me on an option that i actually bought, which is totally ridiculous,

>>19033759
See: Theranos

>>19033560
This is fucking hilarious

>>19033724
this is too stupid to be real, even for biz..

Now we see why the saudis were so desperate to IPO their treasured company. Didn’t they end up just getting their citizens to buy it up?

And then they turn around and fucking tank it by getting together with Vlad and trying to push the US shale patch out of business. I can’t help but think that was the plan from the beginning, but if COVID hadn’t have come along I don’t know.

>friendly reminder

>>19033759
Industries that are hamstrung by regulatory hurdles, for good or bad reasons, are particularly dangerous investments. Biotech can't actually be sold until it passes through FDA or whatever applicable agency requirements. These are lengthy, and costly, and you may have competitors. Financing is difficult. Your future is uncertain so you can't take out bonds so you have to keep issuing shares, which dilutes the stock price. Then once it is approved you need to find your market and be able to scale. Or find a big biosuggar daddy to effectively buy you out.
The approval process for biotech frequently requires testing involving academic, government, and other agencies. Any one of them can be a source of leaks no matter how innocent to the big investment boys that have contacts in all aspects of the space.
This means that if bioproduct X looks like it will pass or fail stage Y of trials, the big money will swoop in or out before anything close to a press release (or even "rumors") come out.
On /biz/ its a popular pump and dump target because all biotech can sound promising with its sales pitch and penny stocks are attractive to people with little money. A stock at 0.25 that goes to 1 would quadruple your investment, right? But that rarely happens.
Biotech shouldn't be a meme pump and dump, but its just the nature of the whole sector. AVOID

>>19032925
Why?

>>19033827
good post

>>19033826
>posts this
>spy has been crabbing for a month with huge dips
ok

Quite the battle going on in the futures market tonight. Is that the most rigged shit or what

>>19033759
Maybe their drugs failed clinical trials.

>>19033843
yes, it doesnt skyrocket, but the lows are getting higher and higher

>>19033646
>Is it a bad idea to manage other people's money?
Yes. The only thing I would suggest is cost averaged SPY, with clear instructions to the person on how that works and why it's long term solid. Any other trading style is no go. Things can go so bad, destroy relationships.

>>19033847
Futures have lost any value for some time now, FED is pumping or has announced it will pump, retailers are falling for it, im happy i closed my puts even though they would probably be printing a bit extra now

>>19033827
so what you're saying is, i should buy a fuckton of biotech penny stocks, set them all to automatically sell when they quadruple in value, then forget about them? then as false good news comes along, ill catch every spike

>>19033827
Biogen is pretty good they have 39% profit margin, and they are developing a treatment for alzheimer's disease

>>19033847
Obviously, but nobody cares. Futures would be blood red for several days now, if the PPT wasn't there to save the world.

you cannot fathom that nobody gives a fuck about the virus OR its consequences on the economy anymore right? it has to be the fed, it has to be the PPT. sure whatever floats your boat

>>19033804
I think both Russia and Saud underestimated the speed of corona chan spread and the prolonged impact to demand it would have. Their actions make more sense if you do a hypothetical assumption of things returning pretty close to normal, oil demand wise, within three months. That obviously isn't happening now.

>>19033918
The damage is done, the GDP drop is occuring, unemployment will stay high and business are bankrupt. What is your point? Stock market will face reality very soon.

>>19033931
Read on zerohedge that second leg down starts on the 18th of may, any supporting evidence for this ?

>>19033931
about to go on a walk through my city to see with my own eyes, which business exactly went bankrupt. bought additional weights at a sports store the other day. got a haircut at a hairdresser the other day. clothing stores are open. so lets see now, brb.

>>19033843
>crabbing after the fastest largest Rebound in history
wow so crazy how could this happen

>>19033854
>the lows are getting higher and higher
>and here's why that's a good thing

>>19033942
ZH is a good satire, nothing else. Nobody knows when it starts, but no second leg down would be a first in history. Could for sure happen, but then no recession will ever occur again and you can savely buy x2 or x3 leveraged ETFs

>>19033942
lol

>>19033751
I don’t get it since you can’t sell below the stock price? Let’s say I have a million shares at $7, the stock goes up to $8 - i then sell. The buyer means he bought a million shares at $8 - we traded. So why does the stock drop when it’s just trading hands?

>>19033946
Do whatever you want. I don't care about empiric, the statistics are out their and you can re-check the numbers and facts from insitutions and governments. But sure, you can only trust your own eyes. Good luck screening every corner and street in your city.

>>19033957
yep the wedge breaks down every time, except when it breaks up and then you say well it wasn't a TRUE wedge

>>19033963
kill yourself pedo

>>19033927
The worse it is the faster it should be over, right? If anything, I think they underestimated the ability and willingness of the fed/treasury/govt to keep the shale patch from having substantial defaults.

>>19033890
I’m very skeptical about that Alzheimer’s treatment.
>>19033827
Good post but you’re not talking about biotech as much as you’re talking about microcap pennystocks. Large cap biotech like BMY REGN not the same.

>>19033963
Based as fuck post

>>19033999
Anon, that image and this one was drawn LESS THAN TWO YEARS AGO!!!

How does that make you feel?? They’re SELLING POSTERS of this, those posters are BRAND NEW. They’re selling newborns, how can they get away with this????

>>19033953
so if you had lets say $200k right now in cash, would you invest it? you think the little +3% after a month is safe vs risk of -10% over night?

>>19034009
>The worse it is the faster it should be over, right?
Who knows how long this will take but oil's rebound run up once things do pick up speed on reopenings and lifting of travel restrictions will be GLORIOUS.

>>19034042
LEWD

>>19033886
>>19033893
Late night /smg/ used to be super comfy before the Chinese virus. Nothing better than talkin stocks when the futs are chillin between +.12% and +.18%

Which of the below should i buy calls on ?

PTY,
LQD,
BND,
AGG,
RCS,
BOND,
BTZ,
SCHZ,
PCM,
DBL,
BHK,
FBND,
IUSB,
CORP

What is the FED pumping the most ?

>>19034042
its disgusting, honestly. Were you bullied that you had to resort to these images?

Your parents must be proud.

aside from shittalking you anime losers are not contributing shit to the SMG threads

go back to the hellhole you crawled out of

>>19034076
this is a cartoon and those are young women you mong

oh boy today will be a blood bath

>>19034076
do you have something you want to talk about

>>19034043
this theoretical 200k? How much do I theoretically have in networth total?
I bought the march dip in reality so I dont really give a fuck. But yes, The NASDAQ is the best risk adjusted index. You will never see another -10% in a day either, that only happened because we had two major black swans in a single month. This will most likely not happen in your decade again, you are lucky to have witnessed that this year

>>19033889
Some people do this. There is just so much biopenny trash out there. You'd have hundreds of duds for every 1 that fires and its just not worth having your fingers in all of them.
>>19033890
>>19034009
I should have clarified I meant microcap or biopennies. Those are the only ones I see get relentlessly mentioned in /biz/.

>>19033927
Russia really shot itself in the foot in particular. Saudi Arabia has enough money to endure a medium-term crisis. Russia is not in as good of a situation. Should've ceded to Saudi demands rather than fighting out a war this long. Putin miscalculated badly.
The last time Russian oil revenues were hit this badly, it started off the collapse of the USSR.
And 52% of state revenues today are oil. They're still a fucking rentier state, no matter how they dress it up.

I am financially rescued

>AHHHHH that first coffee of the morning

Feels so good man. Where my /coffeegang/ at?

>>19034142
Hello coffee lad and good morning.

>>19034076
Anon... oh my god I think I’m about to witness a senseless murder, I mean just look at this. Do you think I should call the police?

15% down for the month, how do I stop being a stupid bear?

>>19034210
Just sell at a loss you dummy. Sunk cost fallacy costs you more money than you think.

>>19034075
nobody ?

>>19033137
>MSFT, AAPL etc.
there are also SHOP, AYX, DDOG, CRM, WORK and so on and on. There's a yuuuge rotation into tech right now. Most of it just a fomo, but still tech buyers tend to hold fast, so all corrections will get bought. The times of cheap investments are over.

>>19034210
Infinite QE has fucked up all the logic and general experience of shorting. The bear, and also the investor, play is to be mostly in cash with a small part of the money in swing trades in any one week if you are comfortable doing that. The only thing that seems to still kind of work is earnings call plays.

SPY *really* hates 295.

>>19033776
ibkr, best broker i've ever had

>>19034210
all the 'bearish charts and patterns' get pumped instead, bears get trapped, bulls get to roam free and fuck cows, what else do you need?

>>19033150
bro your cat is wonderful, your toothpaste not so much

>>19033167
wow this cat looks very content
he must have a well diversified portfolio

>Tech bubble will burst!
VUG gains forever

>>19034319
diversity is unironically the fastest way to miss out a gains. its like going to a casino and betting on both red and black. all you're doing is racking up transaction fees. if im going to buy BTC, im not going to short it too

>>19034362
That is an argument that if you have any BTC or gold, everything you own as an investment should be BTC or Gold. Diversification is for hedging.

>>19033768
>Because people realized biotech never produces anything and is snake oil 99.99% of the time.
but that 0.0001% of time it does you're rich with a good yolo/leap

>>19034390
that's exactly what im saying. if you know something is going to go up, you don't hedge against yourself

>>19033777
>See: Theranos
but theranos was a scam.. it happened n 2011 is not correlated to the 2016 bull in biotech

>>19034051
nice pits

>>19034394
how do you know 100% that something will go up

>>19034405
>how do you know 100% that something will go up
research mostly. for example, everytime BTC has had a fall like this, its surged. and the halving is going to slow inflation, making it more valuable.

>>19033038
>>19033097
>>19033168
NKLA GANG I'M $4K IN

>>19033827
Yeah biotech it's to avoid... but remember that nowhere (in any market) you will have and edge ..neither in AMD nividia and company...

>>19033890
>they have 39% profit margin
how can they?

Futures are red. There's unironically like two or three companies in existance that are actually turning a profit. This means that the NASDAQ is going to tripple in value with money that's literally coming from fucking nowhere intraday. I'm not even mad anymore.

what if I just go all in on DHR though
>>19034529

>>19033255
the bogs playing mindgames to deflect that they only grow stronger by the virus. wouldn't be surprised if they created it in the first place as either world punishment or just as entertainment.

>>19034529
We'll open green though, Futures only matter when they are green.

>>19034423
Sure. But the value of BTC is "unproven" on the timescales of all other assets. This is really its first recession. Why BTC instead of any other crypto as the one of choice 30 years from now?
The point is that you always hedge because nothing should ever be certain. Otherwise everyone would be doing it. And even then, that in and of itself would be a warning sign

>>19034529
think of it like this, if new money is being created where does it go? it's not like people have the majority of their savings under their bed, of course most of it will end up in the stock market.

>>19034574
Not sure anymore, if this is really a clown market or just clown retail investors.

WTF

when the fuck is oil going to do another move what the fuck is this crabbing for over a week now.

>>19034009
>I’m very skeptical about that Alzheimer’s treatment
could you explain why?

>>19034600
People bought a lot of it to disinfect the hell out of everything.

>>19034508
They own medical treatments/drugs for neurological diseases.

>>19034606
>when you realize that oil hasn't moved at all

>>19034606
Wait before the next contract expiration.

>>19034600
you scared me, i sold on friday ~4 days ago and you made me think i missed out on a sudden spike upwards

Anybody think W is coming down today? I'm leveraged short and I'm worried I might get margin called if this thing pumps any higher. The volume is totally dead so I think I'm safe.

My nigga George soros is a draft kang. Why aren’t you a draft kang?

>>19034600
The one thing that actually makes sense in this market. They are honestly probably making record sales.

>>19034648
why? there was a huge pump just some weeks ago.

>>19034680
i shorted W from the bottom thinking it will come down. it never does , its all fake

>>19034713
>>19034680
all stocks will go to zero at the time when the heat death of the universe occurs, so just hold your shorts until that happens

every move i made , i should have placed it in reverse. my account is full of PUTS in red.
went from 6.6 k to 1k.

should i just sell my SPY 210p JUN19 (38 days to go) for -90% loss and recover 100 from 1k ?

>>19034727
Based and blackpilled

Tesla reopens Cali plants despite lockdown order
It's like having a teenager in control

>>19034704
That was after the previous contract expired.

>>19034713
There is obvious some hedge fund manipulating the price, there is never more than 1 buy order on the board at a time, but sure enough it gets filled and another single buy order pops up at the same price. It's very obvious, they simply will not let any other buyers get in on this at a reasonable price.

Recommended

https://www.youtube.com/watch?v=WA1Ji-Hj1qo
https://www.youtube.com/watch?v=pqzcCfUglws
https://www.youtube.com/watch?v=n5JWyPBM_U4

>>19034727
being early is the same as being wrong

>>19034680
God damn. I do not have the cajones to short in this clown market. Shitty online retailer that sells shit going almost 10x in the period of a few months the same year they lost a BILLION dollars

How long until airlines start to recover? Thinking of going in on LHA and AF for long term

>>19034738
it was like two weeks ago

>>19032922
SHIP, watch and buy volume on 2 days red. then goes up 2 cents for a 15% gain before bumping back down.

>>19034638
>They own medical treatments/drugs for neurological diseases
Are these drugs already commercialized?

>Fed starting to buy bond ETFs from today

Is this bullish?

>>19034821
Holy fuck you're retarded.

>>19033205
apple shits the bed without Jobs innovation. long on them has me pessimistic.

>>19034243
easy cash in shorting ACB. after their 12:1 roll up they are melting before Thursday earnings. Canadian pot has zero fed support built in.

>>19034844
to the fuckin moon, bro

>>19034615
>>19034673
>>19034701
Why is the Dow so weak?

>>19034844
They were supposed to buy them weeks ago. KEK

>crabbing on the futures
BORING BORING BORING

>>19034737
Calling their bluff

CNBC just said they'd save $7bn in taxes by moving out of Cali.... he's forcing the issue

Sounds bullish to me

>>19034737
Musk isn't a betacuck who bends over and lets the gov't fuck him in the ass.

>>19033091
Priced in bull fag

>microvision up 30% pre-market
yeah I'm thinking we're back

Is this how an iron condor works?

>>19034994

Short natgas

>>19035016
Damn, that looks like the stupidest move in history in this garbage crab market

feeling kinda bullish not gonna lie

>>19035074
Reading this makes me bearish not gonna lie

>>19035074
>>19035085
reading this makes me crabbish not gonna lie

>>19033827
That's if everything goes according to plan. You didn't even mention the biggest reason to avoid: no one on this board has the skill, knowledge, or due diligence to know if they're getting Theranosed.

Fuck clog wearers and fuck RDSb

today my penis turned gray

>>19034691
Because all sports leagues besides individual sports have unions and if one (1) person remotely involved in any of them get corona they all shut down for three months and the stock drops in half because statistically no one watches boxing, kickboxing, and MMA.

>>19035099
also NVAX pump wasn't even mentioned here despite all the obvious signs. Literally maybe 1 out 10 recent pumps have been mentioned here.

>>19035130
>gray
still better than gay

why do they still feel the need to print and buy garbage stocks when we're back to fucking 3000

aaaaaand futures are green

>>19035220
Because they said they were going to and got called out when they didn't
Bet you can tell when just by looking at HYG

>>19035220
victory lap
4000 soon

>>19035260
I'm still seeing red

>>19034423
This is a critical mistake, you can't predict the market based on past behaviour.

>>19032901
>https://static1.squarespace.com/static/5581f17ee4b01f59c2b1513a/t/588772fc893fc03ef0eb013a/1485271807011/Artemis_Star+Wars+Volatility.pdf
LMAO at how desperate these guys are for customers.

>>19035260
>Random organic pump into 15min of crab
I like it.

>>19035115
that imagine hits a little close to home

>>19035329
>implying I am clicking a link like that
NOPE

>>19034574
I listened to an "expert" yesterday explain that all the recently created money has a lagged effect entering the market and will pump the market starting Q1 2021...?

>>19035342
it sent me 3 bitcoin - neat!

>>19035353
Unironically the smartest play for any company that isn't immediately going to implode from debt is to buy their own shares with GIBBS. Best ROI there is right now.
Look at the stock market and then look at what happened after Memespan lowered interest rates in the 90s. Then QE in 2008. There is one assured effect of QE: equity inflation.

Fuck bro's I should've invested in Nasdaq. I'm scared of pouring money now that it's so close to ATH.

yeah I'm thinking +0.17% today

>>19035440
buying is always scary, whether it's high or low. that's why you need to just hold your nose and buy dips regardless of the news and/or DCA over time.

>almost 2,5 MILLION active cases
oh boy Throbby....

This will be indeed another glory crab day. From --0.9% to +0.2%

>>19035440
It is crazy where it is. The only way it goes higher is to pump the tech bubble with even more air. You could try investing in small caps. Most of those are still 50% or more from their highs.

the word "cunny" actually derives from the word "cunning" which means intelligent and smart

I advise you to sell now

>>19034891
DOW is full of industrials that are getting absolutely wrecked.
I should know, I have some.
People overhype this rally and saying it's unrealistic, but I totally disagree. All the money is going into quality companies that are well-positioned to not only thrive but also thrive in a digital future. Everything else is tepid at best.

>>19035577
>All the money is going into quality companies that are well-positioned to not only thrive but also thrive in a digital future
But most of them barely make money. A lot of them don't make ANY money. Interest rates ever go back to anything sane again they will implode. How do you do FA on "big name tech" companies like Zoom, Uber, or Snapchat?

>>19035577
In what way will Googles or apples business improve? Amazon will sell more but have higher expenses and not make profit. Microsoft might sell more Teams subscriptions.

>>19035596
Making money is such a boomer mentality.

>>19035596
>>19035624
Stop using any logic here. Tech is untouchable and will always go up, okay?

Fed starts buying ETFs today, but the question is which ones.

>>19035634
garbage ones you don't have access to
and wtf did you think here, that you could buy it as well and they would pump them up in price? fucking donkey

Whenn is the next big oil crash date? May 19th?

>>19035568
Meanwhile tankers are still fucking dumping

>>19035662
Meh, i'm throwing my lot in with the institutionals

How do I find and buy REITs? Are they stocks I can buy through my brokerage account, or do I have to buy into a mutual fund?

>>19035596
>>19035624
Modern investing theory doesn't give a shit about profit.
What matters is growth. Will the company make more revenue next quarter than it did this quarter? If the answer is yes, buy. If the answer is no, sell.
If you do this, you will capture 90% of the markets ups and downs.

>>19034922
Looks like the pajama traders got to work at midnight again.

>>19035624
This is the type of thinking that prevented me from buying the dip in March. Now I now just go with the flow. The market is illogical. Just follow patterns.

>>19035646
no, you gotta short it

>>19035761
>The market is illogical
>Just follow patterns.

>>19033168
They've gotten an impressive amount of initial investments for not selling shit yet. Like 350million in two investment calls. Already got a massive contract in Germany as well. I don't understand why this it's still going for just 20usd per share. If they don't act like retards trying to sue Tesla I don't see why they can't get in the 200-300USD range within 2 years of production.

>>19033077
>Buying an internet communications app because it's trendy at the moment.
If you're looking to invest in whatever social media application that's gonna blow up and x50 you're too late for this one. By next year there will be something else again.

I'm tempted to sell Games Workshop and buy more Boohoo and Ocado, I think they will be better long term.

Tell me why I shouldn't.

>>19035761
>go to bed red
>wake up green
>go to bed green
>wake up red
>go to bed
>don't wake up
I see.

>>19035649
friday the 15th with everything else. i warned you!! i would know, i hear important people talking about things in private!

>>19035832
>don't go to bed
>can't wake up

Easy solution desu~

>>19035847
>wake me up inside

>>19032901
Give it to me straight, /smg/. What stock should I go all in on with a $2500 investment that would give me the best return within 2-3 years?

>>19033048

P/E 24 is not unreasonable considering TINA, there's no alternative.
Yes it's an expensive stock but they make a lot of money so it doesn't matter.

Overvalued Stocks include Netflix and Tesla but the tech sector overall is not gonna pop, just select retard-magnet companies.

>>19035896
Crack

>>19035896
tesla

>>19035832
Ok, I’m not the only one.

>>19035910
Who is that girl?

>>19034821
kill yourself

>>19035896
Elanco. Pet stock that is about to take over Bayer's pet division in the next few months and become the 2nd largest in it's market. Currently trading at $21 while the current number 1 in the pet market is at $120.

My portfolio:

Accenture
Alphabet
Amazon
Aptiv
Beyond Meat
Docusign
Facebook
Generac
Microsoft
Tesla
Orsted

What else do I need?

>>19035926
Based on the pic, she's got crabs.
You can probably do better.

>work at big bank
>heads are spouting BRRRR memes
when will this end?

>>19035943
wow calm down retard

>>19033522

fundamentals says virus is a nothingburger and selling your stocks at 30% discount over fucking nothing was pretty retarded.

You are not smarter than everyone else and you will sit here crying next year as well waiting for your big dump that never comes.

>>19035961
RGR for when something unbelievable happens like the US actually stops manufacturing computers in China over kung flu.
>>19035966
big if true

>>19035926
Apparently nakano_yotsuba found her on random danbooru search. Some other poster uses her as an avatar.

>>19035966
You guys done dumping your shit on retail yet?

>>19034103
Fuck China. War soon. We will avenge our fallen countrymen who died in the Korean War.

>>19034103
>futures green.

>pump in pre-market over previous resistance levels
I have seen this movie before.

I feel bad for you dumb assholes who still don't own any DKNG

I don't even play the stock market but have enjoyed watching this unfold. Should I just wait until whenever the next correction is to buy in? And what would I buy?

>>19036036
Yeah, Groundhog Day All Over Again.
Inb4 massive drop at opening, crab up to positive just like every day last week.

>>19035910

Hello average users of /biz/, I have come from beyond, from the political boards. And I came with an inquiry if you were so kind to provide me with answers.

How many of you are part of an economic/philosophical school? Like the Austrian or Keynesian? Is it truly necessary for to be wizards with money to be part of a school or perhaps are mere concepts, methods and specific knowledge to the many systems enough to be filthy rich?

>>19036054
Just start your portfolio like a chad and buy CCL

>>19036111
the more you think you know the worse you'll do. just buy the dip

>>19036070
The crab up was overnight today. If we're following the sawtooth properly, then it should crab down and then start going up again tonight.

>>19036076
Spooky.

>>19036111
Nobody here cares about economics or fundamentals. You're barking up the wrong tree.

>>19036122
Do they have enough cash for a year like Royal?

>>19036139
Well thank you, that is exactly what I wished to know, would I intrude upon your thread if more people answered me? To get a good feel as to how expertise in money truly works?

>>19036111
Ideology is fucking stupid. Collect and analyze facts and data, make your decisions based on hard evidence, adjust over time as needed.

Making decisions based on "rules" from some asshole who died 200 years ago and ignoring facts and reality is fucking stupid.

>>19036122
My friend at work bought that and sold it after it went up 15%. He didn't want to wait it out I guess / thought it might go down.

>>19036111
Personal politics and ideas about economics literally make you do worse in the market.

>>19033038
Why do chinks do this?

>>19036191
>>19036191
>>19036191
>>19036191
>>19036191

>>19036155
>Expertise in money?
Right now it means "buy the fucking dip" until it doesn't.

all great replies, I thank you guys for them. I too briefly went into some of the economic lore books and they are exactly what you tell me too. Concepts and methods, and situational knowledge is great apparently! Learning different maths and concepts that are not part of any school of thought is what some of the other heralds seem to do well!

and how can one blame you guys?! There is AI and all sorts of stuff that constantly pushes all sorts of crap and changes stuff! Mere pathetic ideology to me seems like it has no place in the money market!

>>19036149
no, RCL is better, Saudis did a smart move and bought a stake

>>19033038
Have they set a date yet?

>Make over 60% gains of 100k
>Sold all my leveraged/options positions for regular stocks/market indexs
>Markets still keep going up
>still have 20k in cash
I don't mind if the market crashes 40-60% but should I keep more than 20k in cash? Right now everything is in indexes but I don't feel like I wanna sell everything.